The Belt and Road Initiative, due to its diverse and extensive infrastructure investments, poses a wide range of environmental risks. Some projects have easily identifiable and measurable impacts, such as energy projects' greenhouse gas emissions. Others, such as transportation infrastructure,...

Introduction -- Cost-benefit analysis of transport projects: Theoretical framework and practical rules -- Cost-benetif analysis of transport investments: An application to high-speed rail investments -- The consequences of pricing policies on investment decisions: An application to high-speed...

This paper analyses three main mechanisms through which transport improvements have impacts that deliver real income gain over and above user-benefits. One is economic density and productivity, a second is induced private investment and associated land-use change, and a third is employment...